HTC Corp. (US) Confirms Job Cuts

HTC Corp. has terminated more than two dozen jobs at its U.S. offices on Friday. The company said in a statement that the cuts were a decisive action by HTC Corp (US) to streamline and optimize our organization and improve efficiencies after several years of aggressive growth.

The specific number is not given, but as per source familiar with the situation said that about 30 positions were eliminated. It seems that the company is doing everything that is required to boost up the growth, as the company’s ‘Here’s The Change’ promotional campaign is also to its peak.

The official statement given by the company:

Today’s reduction in force is a decisive action by HTC Corp (US) to streamline and optimize our organization and improve efficiencies after several years of aggressive growth. Realigning its human resources against key strategic initiatives will help HTC more effectively advance into a new stage of growth and innovation. This is a hard decision that has direct impact on people who have contributed to the growth HTC has experienced the past several years. However, to achieve our long-term goals as a business and return maximum value to our shareholders, this is a necessary step to drive ongoing innovation, ensure our ability to create strong products like the HTC One, and forge strong customer relationships that solidify our future. HTC is proud of its employees and has a track record of hiring the best and brightest; we continue to hire in strategic areas and encourage impacted employees to apply for open positions that are a fit for their skills.